mergers

Report: Babylon Holdings’ Financial Difficulties Mount After Merger Failure
Report: Babylon Holdings’ Financial Difficulties Mount After Merger Failure
August 30, 2023  |  Healthcare

Digital health firm Babylon Holdings Ltd. is reportedly teetering on the edge of collapse after its merger plans with another healthcare company fell through. The United Kingdom-based...

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Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
August 28, 2023  |  Retail

Luxury retailers Neiman Marcus and Saks Fifth Avenue are reportedly in talks to merge. This potential merger comes as Neiman Marcus has been actively seeking a buyer due to...

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Velo Payments Buys YapStone to Form Unified Payment Management System
Velo Payments Buys YapStone to Form Unified Payment Management System
August 16, 2023  |  Acquisitions

Velo Payments is acquiring YapStone, a leading payment processing platform in the short-term and vacation rental industry. The companies have entered into a definitive merger agreement, and...

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SaaS Firm Mirakl Gets $110 Million to Fund M&A Plans
SaaS Firm Mirakl Gets $110 Million to Fund M&A Plans
August 01, 2023  |  Business

Software-as-a-Service (SaaS) platform Mirakl hopes to grow after signing a $109.8 million revolving credit facility. The company announced the new revolving credit facility (RCF) Tuesday (Aug. 1), noting it...

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CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
July 20, 2023  |  Regulation

America’s consumer watchdog says bank mergers are set to become much tougher to pull off.  In an interview with Reuters Thursday (July 20), Consumer Financial Protection Bureau (CFPB) Director Rohit...

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FTC and DOJ Unveil Tougher Merger Oversight Rules
FTC and DOJ Unveil Tougher Merger Oversight Rules
July 19, 2023  |  Regulation

Federal regulators want the public’s input into new guidelines governing mergers. The Federal Trade Commission (FTC) and Department of Justice (DOJ) on Wednesday (July 19) unveiled long-awaited updates to the government’s...

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B2B Platforms Need to Think Globally, Act Locally to Drive Business Growth
B2B Platforms Need to Think Globally, Act Locally to Drive Business Growth
July 10, 2023  |  B2B Payments

As companies look to steer their business strategy to drive growth, Pierre Lion, chief growth officer at FinTech firm Mangopay, says thinking globally should be...

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America’s New Merger Rules Could Add Months to Process
America’s New Merger Rules Could Add Months to Process
July 09, 2023  |  Regulation

Proposed regulations for mergers and acquisitions could add months to the deals process. That’s according to antitrust lawyer Kara Kuritz, who spoke with Seeking Alpha...

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Private Equity Firms Could Suffer Under New Merger Rules
Private Equity Firms Could Suffer Under New Merger Rules
July 02, 2023  |  Regulation

New U.S. rules governing mergers could hit private equity firms harder than most companies. That’s according to a report Saturday (July 1) by the Financial Times, citing...

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